International Reading: Left and right are joining forces to ban lawmakers from trading stock – Yahoo America’s richest generation is only getting richer – Fortune If Trump loses his tariff lawsuit, America may have to refund businesses more than US$200 billion – CTV News Trump’s immigration policies could lead to first ever population decline – News
Asian share markets are higher across the board as traders start to anticipate tonight’s US jobs print with continued speculation that the Fed is likely going to pull a put regardless of tonight’s NFP result. Meanwhile bond markets are trying to recover with many long dated yields across the UK, Japan and USA backing off
New Zealand is experiencing an unprecedented house price crash after experiencing one of the developed world’s largest price booms over the pandemic. As Justin Fabo of Antipodean Macro illustrates below, the Real Estate Institute of New Zealand’s House Price Index (HPI) shows that national home values have declined by more than 17% over the last
Goldman says buy gold. Since the spring, markets have started to transition from tariff uncertainty into tariff reality, which has helped stabilize economic activity indicators and reduced consensus (and our own) probability of a US recession (though it remains above the historical average). However, we believe important risks remain that reinforce the diversification benefits of
If it’s not bolted down in Helbourne, then it’s fair game for the machete gangs. Insurance claims for stolen cars have exploded in Victoria despite falling in every other state as thieves use cheap and easily accessible gadgets to mimic keyless access and starting technology. Are these devices only available in Hellbourne? No. They are
Cotality’s final auction clearance rates for August suggest that Sydney, in particular, is headed for another price boom. Sydney’s final auction clearance rate averaged 72% in August, which was the city’s strongest result since February 2024 (73%). Sydney’s final auction clearance rate in August was also the strongest in the nation, easily beating Melbourne’s (68%)
In Albo’s great grovel to China, there is a trend that nobody dares speak its name. Despite the ALP’s weak-kneed Chinese fixation, the truth of it is that the Chinese economy is getting weaker, not stronger, with no end in sight. Ironically, for Albo’s great Chinese kowtow, this is particularly the case when it comes
Bob Brown and Drew Hutton jointly founded the Australian Greens party in 1992. Co-founder and life member Drew Hutton was expelled by the party for a series of Facebook posts and comments he made about the Greens’ pro-transgender platform. Following Hutton’s expulsion, it was revealed that more than 40 members of the Greens nation-wide have
The Market Ear first. Nervous bonds Biggest 2 day pick up in bond volatility since the start of the Liberation Day “chaos”. Meanwhile, the 10 year is doing very little. Source: LSEG Workspace The MOVE Bond volatility; Two months of volatility decline is gone in two sessions. MOVE vs VIX gap is suddenly very wide.
When it comes to the Albanese government and the issue of housing, there are two very different approaches taken. There are boasts about the government’s 1.2 million new home target and flashy social media posts about the various demand-side interventions that the government is undertaking. On the other hand, there is the data coming out